Vapor Hub International’s New Product a Winner for Consumers and Company
SIMI VALLEY, Calif., Dec. 18, 2014 /PRNewswire/ — Vapor Hub International Inc. (VHUB) is pleased to announce that its recently-launched Ar Cannon vape mod device is proving to be popular among consumers and is expected to contribute to improved profit margins for the Company during the remainder of its fiscal year ending on June 30, 2015.
The Ar Cannon mod, available in a wide variety of colors at an affordable price, is a larger version of the Company’s top-selling Ar Mod product.
“There is excellent margin on these unique products for Vapor Hub,” said Jake Perlingos, President and Chief Technology Officer. “We find that consumers want larger devices that allow them to use larger, longer lasting batteries, and we are happy to provide them with such products,” Mr. Perlingos said.
Vapor Hub’s President said that the new AR Cannon mod is indicative of the Company’s ability to stay ahead of trends rather than simply trying to catch up later.
The Company, having achieved profitability in less than one year of operation, recently announced revenues of $1.37 million for the quarter ended September 30, 2014.
About the Company
For more information regarding the Company, visitwww.vapor-hub.com.
This press release contains “forward-looking statements,” as defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this press release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the statements contained in this press release are reasonable, there can be no assurance that such statements will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
E & E Communications
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